ETF SWING & DAY TRADING

[farooq]

1. What indicators you use ? do you use 144 ccc 5 min
+/-100 trigger and 3/8 ema

2. where do you put your stop loss, how much drawdown ?

3. What is your current position, are you short ?


Answers to your Questions.
1- Yes and Yes and yes.
2 - 10 Cents from my entry point. Once trade is profit able BE+1 Cent, With 1 cent I can still make 30 dollar. I believe I can always renter so do not let your profit become a loss. Once in a while sudden spike goes against me. My stops are in my program once trigger no ifs and buts, think latter take action now. MM always run your stop. SO I do not pace with them. If not on desk no trading position, Just investment positions.
If price is going up or down according to signal then I rely on 3/8 if over extend then follow 34 EMA and 65 SMA are my guide. I stay with trend if not broken.
I am long but I trade very rapid. So when I will post I might be on other side of force.
Good luck.